“I should have set a wider stop.” “I am such a wuss. I didn’t give my stock enough room.” “Bella, where should I have set my stop so I didn’t get shaken out of that trade?” In Steve’s office we were looking at the results in JBL. JBL had been discussed in the AM Meeting. Lots were long but maybe … Read More
SMB Options Trade of the Week – Heart Friendly Butterfly
Seth Freudberg discusses a “Heart Friendly Butterfly Trade” designed to minimize the effect of market price movements on the the PNL of an options income trade. The option is on the SPX.
SMB Morning Rundown – March 25, 2011
The SMB Morning Rundown highlights the key levels in the Market and the best trading setup that we have identified for the Open.
Is the Market Slower and Easier than You Think?
I sit overlooking the Gulf of Mexico, after two cartoons of watermelon and a long morning run. In the middle of a family commitment I am on a non-vacation vacation. Tim Ferris would not be so happy with me as I have started my eating with fructose overload. One of my new favorite guys ripped off an email to me last … Read More
SMB Morning Rundown – March 24, 2011
The SMB Morning Rundown highlights the key levels in the Market and the best trading setup that we have identified for the Open.
SMB Morning Rundown – March 23, 2011
The SMB Morning Rundown highlights the key levels in the Market and the best trading setup that we have identified for the Open.
The Risk of Not Being In It
So we were sitting around talking about who was trading what. We came around to ROYL. Some punched it up. “Nice!” “That looks really good!” There was some talk of 6.75 kinda being a level. A quick glance at the intraday charts shows 5.65 resistance. You heard some of: “I would love to pick that up at 5.30 into a … Read More